Market Commentary, 10/10/16

U.S. stocks fell modestly last week as investors awaited the start of the 3rd quarter earnings season. All major indexes finished in the red. In U.S. economic news, the economy added 156,000 new jobs last month; a gain “good enough” that some analysts suggest will give the Federal Reserve the gr...
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Market Commentary, 09/27/16

The Dow and S&P 500 fell substantially on Friday and Monday (09/23/16 and 09/26/16), reflecting worries over which regulations and economic policies the two candidates might push at yesterday’s Presidential Debate. Today the market moved a slightly higher in what is being called a relief rally...
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Market Commentary, 09/14/16

Today the Dow closed down to 18,034.77 resulting in a YTD return of 3.5%; likewise the S&P 500 closed down to 2,125.77 for a gain of 4.0% YTD. Last week stocks suffered their largest weekly decline since the start of the year as both indices have fallen about 3% from the August 15th high. In [&h...
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Market Commentary, 08/08/16

A 1% rally on Friday rescued a losing week, pushing U.S. markets into positive territory for the week.  The Dow closed the week up 0.60% at 18,543.53 and the S&P 500 gained 0.43% to close at 2,182.87. The likely reason for the late week rally was the labor department reporting the U.S. economy ...
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Market Commentary, 05/31/16

Last week the Dow Jones Index closed at 17,873, representing its first weekly increase in six weeks. The S&P 500 also posted a weekly gain to close at 2,099 on Friday. Stocks were largely flat Monday, Thursday, and Friday on relatively low volume, but surged on Tuesday and Wednesday. These gains...
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